$SHIB and $DOGE are showing strong bullish momentum with significant price pumps in the last 24 hours. Here’s a quick breakdown of their movements:

• SHIB/USDT:

• Current Price: 0.00001892

• 24H Range: 0.00001697 – 0.00001902

• RSI: 83 (Overbought)

• EMA Trend: Price is above all key EMAs (bullish).

• DOGE/USDT:

• Current Price: 0.16666

• 24H Range: 0.14510 – 0.16910

• RSI: 70 (Almost overbought)

• EMA Trend: Price above all EMAs, confirming strength.

Key Insights

• Both tokens are experiencing strong rallies and sitting above their short-term EMAs, which indicates that bullish momentum is intact.

• RSI levels suggest caution:

• SHIB (83) is deep into overbought territory, meaning a correction or consolidation could happen soon.

• DOGE (70) is near overbought, but it still has room for some upside before a potential pullback.

What to Watch

•SHIB: If it pulls back, look for support around 0.00001820 (EMA 20). Resistance to break is near 0.00001950.

•DOGE: Potential pullback support near 0.16150 (EMA 20), with resistance at 0.17050.

Both SHIB and DOGE are in a bullish phase, but you should be cautious since they are close to overbought levels. It may be wise to wait for minor dips or consolidation before entering new positions. Tight stop-losses can help manage risk during these volatile moves.

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